Meta Lays off Over 100 Metaverse Division Employees
Meta has reportedly laid off over 100 employees part of Reality Labs, its metaverse-focused division. According to reports, the layoffs impacted ongoing efforts to create experiences for Meta’s virtual reality (VR) headsets and the division in charge of developing VR…
Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’
Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns of systemic risks like redemption pressure and reserve management. Stablecoin Transaction Value Surpasses Visa Volumes Stablecoins are experiencing exponential…
US Senator Blasts Fed for Fake Crypto Reforms and ‘Lip Service’ Stunts
The Federal Reserve’s anti-bitcoin agenda is still raging despite a superficial policy retreat, sparking fierce backlash and igniting a new fight for crypto freedom. US Senator Warns Fed’s Anti-Bitcoin Agenda Still Alive After Crypto Policy Retreat U.S. Senator Cynthia Lummis…
Worldcoin Iris Scanning Rollout Sparks Concerns from Web3 Leaders Ahead of PH Elections
Following the announcement of the nationwide rollout of the iris-scanning activity of World in the Philippines, DvCode CEO Eliezer Rabadon and TLYR Collective Co-Founder Jopet Arias shared their thoughts on the project and what it means for regulators. On a…
Ark Invest Explains $1.5M Bitcoin Forecast Fueled by Institutional Surge
Ark Invest is setting the stage for a historic bitcoin surge, projecting BTC’s 2030 price targets soaring as high as $1.5 million, fueled by unstoppable institutional momentum. Ark Invest Outlines Explosive Bitcoin Forecasts Ark Investment Management (Ark Invest) explained its…
CIMB Bank Philippines Investigates Unauthorized Fund Transfers, Promises Full Reimbursement
CIMB Bank Philippines issued a statement on Sunday addressing reports of unauthorized fund transfers affecting a limited number of its customers. The bank confirmed it is investigating the issue and pledged to return all impacted funds to affected accountholders. Key…
XRP ETF Launches in Brazil, Securing Regulated XRP Access for Investors
An XRP ETF has launched in Brazil, expanding regulated crypto investment and supporting XRP’s global adoption. Hashdex’s XRP ETF Debuts Global crypto asset manager Hashdex announced on April 25 via social media platform X the launch of XRPH11, which it…
XRP Price Watch: Sideways Action Sets the Stage for Volatility
XRP is currently priced at $2.19 with a market capitalization of $128.16 billion. Over the past 24 hours, the token has seen a trading volume of $2.41 billion and an intraday price range between $2.18 and $2.24, reflecting a market…
US Senator Labels Trump’s Meme Coin Gala an ‘Impeachable Offense’ at Town Hall
Democrats are expressing growing dissatisfaction with U.S. President Donald Trump’s administration, and a senator from Georgia told attendees at a town hall that Trump’s latest meme coin gala event “rises to the level of an impeachable offense.” From Gaza Comments…
Why BlackRock Is Avoiding An XRP ETF Filing
While XRP ETFs are starting to draw institutional attention, BlackRock, the world’s biggest fund manager, stays out of the fray. Despite the applications from companies like Grayscale and Bitwise, BlackRock has not taken any steps toward launching an XRP ETF….
